Fire insurance business throughout establish country is governed with the Fire Tariff that lays down this terms of protection, the premium rates as well as the conditions of this fire policy. The fire insurance cover has been renamed seeing that “Standard Fire in addition to Special Perils Policy”. The risks covered are as follows are Dwellings, offices, shops, hospitals, Industrial, manufacturing risks, manufacturing risks, Machinery and accessories Storage risks outside the compound of industrial risks, Tank farms risks etc.